Late updated: 18 Jun 2024 10:06
Written by: Eleanor Hartman
Tidal energy represents a significant frontier in our quest for renewable energy, particularly here in the UK. Our coastal geography provides us with a natural advantage, allowing us to harness the power of tidal streams efficiently. The potential for tidal energy to generate up to 11% of the UK’s annual electricity showcases how pivotal this resource can be in meeting our sustainable energy goals.
As the government continues to explore pathways towards a net-zero future, tidal energy stands out due to its predictability and reliability. Unlike some other renewable sources, tidal streams offer a consistent and constant source of energy. Innovation in tidal stream technology is crucial, as it can catalyse cost reductions and spur further advancements, much like the progress seen with offshore wind.
The UK’s leadership in tidal energy technology is backed by its position as a top global innovator based on patenting activity. Our focus on this sector not only aids our environmental objectives but also strengthens our energy security and independence. Bridging policy coordination with technological development can unlock even greater opportunities, ensuring a sustainable and economically viable future for our energy landscape.
Harnessing tidal stream energy presents both a significant opportunity for meeting the UK's renewable energy targets and driving sustainable economic growth. This section explores the current state of tidal stream energy, its environmental and economic advantages, and the technological innovations propelling its development.
The UK has emerged as a global leader in tidal stream energy, particularly with projects such as MeyGen in the Pentland Firth. Our tidal currents provide a reliable source of marine energy.
Policies supporting renewable energy and net zero greenhouse gas emissions targets have accelerated the development of tidal stream projects. The UK’s potential tidal energy output is estimated at 34 TWh/year, equating to about 11% of our annual electricity demand. Such figures underscore our progress in this arena.
Tidal stream energy stands out for its predictability and low environmental impact compared to other renewable technologies. It reduces greenhouse gas emissions, helping us attain net zero targets.
Economically, the sector promises job creation in coastal communities and stimulus to local supply chains. Projects like those by Orbital Marine Power can spur substantial growth. Furthermore, the ancillary benefits of clean, renewable energy underpin our ambitions for a sustainable future.
Innovation drives the commercialisation of tidal stream technology. Advanced turbine designs and improved materials are key. The UK specialises in tidal energy technology, with significant patenting activity signalling robust innovation.
Reducing technology costs remains essential for widespread adoption. Continued government funding and policy support are critical to driving down costs and fostering advancements. Our focus on technological excellence positions us to maintain leadership in this burgeoning field.
The UK's advancements in tidal stream energy highlight our commitment to sustainable growth and cleaner energy solutions. As we leverage our natural resources, policy frameworks, and technological innovations, we move closer to a future powered by renewable energy.
In our pursuit to harness tidal energy, key strategic elements include targeted investments, enhancing grid infrastructure, and creating a robust framework for growth.
To support the tidal energy sector, substantial investment from both public and private sectors is essential. The UK government has made strides with funding initiatives such as the £45 million allocation by the Department of Energy for advancing tidal and current energy projects. These investments encourage economic growth, enhancing the UK's energy security and supporting the development of the tidal industry.
Private sector investment is also pivotal. Through the Contracts for Difference (CfD) scheme, the government can ringfence funds specifically for tidal projects, ensuring a secured revenue stream for developers. This mechanism reduces financial risk and attracts more investments, fostering a conducive environment for innovative technology deployment.
The integration of tidal energy into existing grid infrastructure is a critical step. Tidal energy offers predictable generation, which can aid in balancing supply-demand matching and improve grid stability. However, investment in grid enhancements is necessary to accommodate this variable generation capacity.
Enhancing the grid’s capacity includes upgrading current infrastructure and deploying advanced technologies to better manage renewable power penetration. By improving grid resilience and incorporating energy storage solutions, we can ensure that electricity demand is consistently met. Additionally, mechanisms to facilitate grid benefits from tidal energy, such as reduced reliance on fossil fuels, contribute to a more sustainable and diversified generation technology mix.
Establishing a clear framework is essential for the growth and leadership of the UK in the tidal energy sector. Government policy and strategic support, as demonstrated during COP26 and through the efforts of bodies like the Marine Energy Council, play a significant role. By setting ambitious targets and providing continuous funding opportunities, the government can nurture a thriving project pipeline.
Strategic priority should be given to developing a comprehensive supply chain within the UK. This includes incentivising local manufacturing and ensuring that there is a skilled workforce to support industry demands. Leadership in this sector will not only meet domestic energy needs but also create significant export opportunities for tidal energy technologies, positioning the UK as a global leader in marine renewables.